Download or read book Analysis of Early Retirement Incentive Program for the State Retirement System written by Massachusetts. Public Employee Retirement Administration Commission and published by . This book was released on 2004 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Analysis of Early Retirement Incentives written by Keith P. (Keith Patrick) Sharp and published by . This book was released on 1984 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Analysis of the Early Retirement Incentive Program ERIP for the State Retirement System written by and published by . This book was released on 2016 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Analysis of Early Retirement Incentive Program for the State Retirement System written by Massachusetts. Public Employee Retirement Administration Commission and published by . This book was released on 2002 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Primer on Early Retirement Incentives written by Nicholas Greifer and published by . This book was released on 2004 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Retirement written by Gary A. Adams, PhD and published by Springer Publishing Company. This book was released on 2003-08-11 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reviews, summarizes, and integrates a diverse literature on the topic of retirement and provides a coherent view to better inform researchers and practitioners. Organized around three phases of the retirement process--pre-retirement, retirement decision-making, and post-retirement--the chapters examine economic, sociological, gerontological, and psychological theory and research. Topics discussed include: types of retirement, retirement planning and preparation, early retirement incentive programs, the economics of the retirement decision-making, and work after retirement, among others. Contributors include Jerome Kaplan, Kenneth Shultz, Harvey Sterns, and Linda Stroh.
Download or read book Early Retirement Incentives written by Minnesota. Legislature. Office of the Legislative Auditor. Program Evaluation Division and published by . This book was released on 1995 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Early Retirement Programs in US Higher Education written by John E. Keefe and published by . This book was released on 1998 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Early Retirement Decision written by Joseph F. Quinn and published by . This book was released on 1978 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book State Teachers Retirement System Cost Analysis Report written by and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Pension Plans written by United States. General Accounting Office. Human Resources Division and published by . This book was released on 1987 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Effects of Workforce shaping Incentives on Civil Service Retirements written by Beth J. Asch and published by RAND Corporation. This book was released on 2003 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Estimates the effects of three worksforce-shaping policies among DoD workers covered by the Civil Service Retirement System.
Download or read book Social Security and Early Retirement written by Robert Fenge and published by CESifo Book. This book was released on 2005 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Theoretical and empirical analysis of the relationship between retirement decision and pension systems, with policy recommendations for reversing the current trend toward early retirement. The contrasting trends toward earlier retirement and greater longevity have resulted in steadily increasing retirement costs over the last forty years. One important factor influencing early retirement decisions is the expansion of retirement benefits; but studies predict that most countries, particularly those with early retirement incentives, will be unable to meet future pension and social security obligations. In this timely CESifo volume, Robert Fenge and Pierre Pestieau examine empirical and theoretical evidence that explains why early retirement has become such a burden for social security systems and suggest pension system reforms that will reverse the trend. Drawing on evidence from the European Union (with comparisons to other industrialized countries including the United States and Canada), the authors demonstrate that the effective retirement age is influenced by social security regulations (such as a change in eligibility age) and discuss ways of measuring these embedded incentives. Fenge and Pestieau examine the implicit taxes on prolonged working life from normative and political economy perspectives. They discuss optimal payroll tax rates that minimize distortions of labor supply and retirement decisions and consider alternative ways to finance benefits, including consumption and capital income taxation. They discuss why policies are designed to discourage employment among older workers and why reforms to counter this often meet resistance. They demonstrate, contrary to the belief of many European governments, that pushing older workers into retirement does not free jobs for young unemployed workers. They show that the gap between salaries and productivity is an incentive for employers to rid themselves of older workers and argue that governments should not support this behavior by compensating older workers for the difference between severance payments and salaries in early retirement programs.
Download or read book Social Security Programs and Retirement around the World written by Axel Börsch-Supan and published by University of Chicago Press. This book was released on 2021-03-05 with total page 481 pages. Available in PDF, EPUB and Kindle. Book excerpt: This ninth phase of the International Social Security project, which studies the experiences of twelve developed countries, examines the effects of public pension reform on employment at older ages. In the past two decades, men’s labor force participation at older ages has increased, reversing a long-term pattern of decline; participation rates for older women have increased dramatically as well. While better health, more education, and changes in labor-supply behavior of married couples may have affected this trend, these factors alone cannot explain the magnitude of the employment increase or its large variation across countries. The studies in this volume explore how financial incentives to work at older ages have evolved as a result of public pension reforms since 1980 and how these changes have affected retirement behavior. Utilizing a common template to analyze the developments across countries, the findings suggest that social security reforms have strengthened the financial returns to working at older ages and that these enhanced financial incentives have contributed to the rise in late-life employment.
Download or read book Aging and the Macroeconomy written by National Research Council and published by National Academies Press. This book was released on 2013-01-10 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States is in the midst of a major demographic shift. In the coming decades, people aged 65 and over will make up an increasingly large percentage of the population: The ratio of people aged 65+ to people aged 20-64 will rise by 80%. This shift is happening for two reasons: people are living longer, and many couples are choosing to have fewer children and to have those children somewhat later in life. The resulting demographic shift will present the nation with economic challenges, both to absorb the costs and to leverage the benefits of an aging population. Aging and the Macroeconomy: Long-Term Implications of an Older Population presents the fundamental factors driving the aging of the U.S. population, as well as its societal implications and likely long-term macroeconomic effects in a global context. The report finds that, while population aging does not pose an insurmountable challenge to the nation, it is imperative that sensible policies are implemented soon to allow companies and households to respond. It offers four practical approaches for preparing resources to support the future consumption of households and for adapting to the new economic landscape.
Download or read book Analyzing the Efficacy of Early Retirement Incentives in the Private Sector written by and published by . This book was released on 2009 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corporate financial stability has long been considered to be an essential feature of successful enterprise even in stable or growing economy. Finincial crises and recessions set much higher requirements toward financial stability of the enterprise. In their search to regain stability and improve performance, companies utilize various operating and financing solutions. Among these solutions, an important role belongs to cost reduction initiatives such as early retirement incentives. Early retirement incentives are considered to be an effective and humane measure of payroll costs reduction. Neverthless, there is a lot of controversy regarding its actual efficacy. This research paper reviews costs and ramifications of early retirement incentives and their efficacy as compared to other cost-reduction options, and analyzes advantages and disadvantages of their implementation in order to conclude on their actual efficacy. While early retirement incentives may have significant payroll-costs reduction potential, they are not focused, and their outcomes may vary greatly. Therefore, estimation of immediate financial effects of early retirement incentives and their unintended consequences is extremely challenging. Similarly, it is impossible to conclusively determine who benefits more from early retirement incentive programs - a company or its employees. These facts drive to the conclusion that implementation of the early retirement incentives requires the most elaborate planning and execution in order to be effective, predictable, and safe.
Download or read book Academia in Transition written by Carl V. Patton and published by . This book was released on 1979 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: The impact of early retirement plans and career change on the professional and personal lives of professors and on the manpower and fiscal structures of the universities they serve is examined. The book is based on more than 50 accounts of academics who took early retirement options and a comprehensive review of incentive programs for early retirement, along with mid-career change programs. Chapter 1 explains why colleges and universities are interested in mid-career change and early retirement programs, and outlines the various options now available. Career options in industry, government, and academia are analyzed in chapter 2. Chapter 3 offers an analysis of the experiences of 70 of the first 100 or so persons who were induced to retire early, covering such topics as motivation, satisfaction with the decision, and ways that early retirement affected their well-being. Chapter 4 discusses the fiscal considerations involved in early retirement plans. Chapter 5 examines the manpower questions, including such questions as how incentive early-retirement plans will affect the age distribution of university and college faculties and whether early-retirement and mid-career change will modify age and talent distribution. Chapter 6 contains a discussion of the funding requirements and tax implications of increased-benefit retirement programs and an analysis of the legal aspects of age discrimination. The final chapter sketches the policy implications of mid-career change and early retirement, presents summary evaluation of the early-retirement schemes, and outlines a number of considerations for colleges, universities, and faculty members contemplating these options. In the final chapter several policy considerations are discussed, including: developing a mechanism for faculty review and evaluation; providing retirement and financial counseling; dissemination information about the options; and recognizing potential contributions from Emerkiti. Appendices include a guide to administrator interviews and a guide to early retiree interviews. (Author/LC)
